If you have seen any of the webinars I did, you would have heard me explain the simple abc of trading . Well this chart shows how simple it is.
You don't have to believe in this method of analysis, but sure can't say I don't see it.
Yes many do think it's complicated and it's all after the fact , but I do TWO daily webinars for my traders and I am definitely not showing them anything after the fact in those webinars. ALL my analysis are FORECASTING.
Some times the corrective structure do not develop the way we forecast it (there are a number of ways this could happen if you know anything about the EW Theory) but we are prepared for such and are able to change our view as it goes. I am not able to post all the updates on every chart on trading view because of time so every trader woulds have to make their own choice bases on your OWN analysis. I help run a 24 hrs trading room ,2 daily webinars and trade so..
Hope this helps you.
Training : add to skype mangal457
2. i try to use my brain as much as possible and im learn the most if i can talk about my view with great peoples like you
3. 23.69 not important, the correction can go down deeper just a possible move, the fibo 61 also not that important just a possible target
!4. I dont i going against Anil i really hope , he said after an impuls comming a correction after again an impulse
5. every impulse an Daily chart standing lot of impulse and correction on lower chart
All red arrow is an impulse and all pink drawing is a correction, you can see some biger and some very small (for me useless correction)